Business Updates

The ministry notified the committee almost a year after the Central Advisory Council (CAC) headed by Union housing and affairs minister Hardeep Singh Puri had decided on the move.

Source said the MC has written a letter to the two states as it wants to first understand the best criteria to impose tax on residential properties.

Ajay Pal Singh, member, Rera, while giving relief to Panchkula residents Niklesh Dubey and Anuja Dubey, directed "Sushma Chandigarh Grande" housing society in Zirakpur to refund the flat booking amount along with interest in addition to harassment charges.

In a meeting with UT adviser Dharam Pal at the UT secretariat, Sector 9 here on Friday, Gupta took up issues regarding sale/purchase of shares in property and permission of temporary roof in central courtyard open to sky pertaining to sectors 7, 8 and 26 on Madhya Marg.

The SC judgement, which came in January, banned apartmentalisation or fragmentation of residential units in the city. The CHCC was given the mandate to preserve the heritage status of 'Corbusian Chandigarh'.

The proposed projects are expected to ease traffic in Chandigarh and Mohali as it will cater to the entire traffic coming from Ambala for Roopnagar-Sri Anandpur Sahib-Manali.

The move comes as GMADA is set to acquire 1,680 acres of land in the first phase the development of the Aerotropolis estate.

With the infusion of modern amenities and robust infrastructure advancements, Panchkula has emerged as an ideal destination for investment in residential properties.

Interest rates have a significant impact on the real estate market. When interest rates increase, it becomes more expensive to borrow money to buy homes or invest in real estate.

After years of deliberation and planning, the Chandigarh Tricity may finally have a solution to its commuting woes as the proposed Metro project has received a significant boost. The Rail India Technical and Economic Service (RITES) had put forth the project for approval, and on Thursday, the Chandigarh administration, as...